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The Latest Breaking News from Iran

Lebanon-Israel Ceasefire Knocks Crude Oil Prices Lower

July WTI crude oil (CLN26 ) today is down -3.25 (-3.38%), and July RBOB gasoline (RBN26 ) is down -0.1117 (-3.57%). Crude oil prices are falling sharply today amid hopes that the announced ceasefire between Israel and Lebanon could lead to a US-Iran peace plan that allows the reopening of...

Barchart

Asia turns to U.S. oil and gas amid Iran war: 'We get too much into that tree-hugging mode'

Singapore looks to U.S. supplies as it builds out its natural gas importing infrastructure.

Fortune

Republican congressmen vote with Dems to pass resolution to limit Donald Trump’s war powers

Key Republicans break with Trump over Iran.

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Trump eviscerates four Republicans who voted against his Iran war in early-morning rant

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The Independent UK

Oil executives warn Trump that Iran war will cause gas prices to spike within weeks due to dwindling supplies: report

President Trump and administration officials have insisted gas prices will come down as soon as the war ends, but there is no deadline in sight

The Independent UK

Marjane Satrapi death: Persepolis author who chronicled life during & after Iran's revolution dies at 56; Family says she passed away 'of sadness'

Marjane Satrapi death reason: Marjane Satrapi, the acclaimed author of Persepolis, has passed away in Paris at the age of 56. Her work brought Iranian experiences to a global audience. Satrapi was a strong advocate for freedom and women's rights. Her death follows the passing of her husband.

The Economic Times

Where peace talks between the US and Iran currently stand

To understand where talks on ending the war between the US and Iran currently stand, all we can confidently assume is that Donald Trump’s pronouncements offer no guide. The US president said an agreement had been “largely negotiated” on May 23.

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Iran and the US both think they are winning the war. The truth is they are both losing

The current ceasefire has held just enough to prevent a return to all-out war, but neither side is close to achieving peace, says Sanam Vakil, director of the Middle East and North Africa programme at Chatham House

The Guardian - UK

Trump Rejects House Passing War Powers Resolution To Stop Iran Attacks: 'Meaningless'

Donald Trump rejected the war powers resolution approved by the House on Wednesday, calling it "meaningless."

International Business Times

Slumping AI stocks weigh on Wall Street, even as oil price ease

AI winners are giving back some of their big recent runs, leaving the U.S. market mixed as oil prices ease

AAP

How Do You Define 'Ceasefire'?

Plus: lunchtime bullying, the decline of H-1B visas, orgy mating, and more...

Reason

American Airlines Suspends Six Domestic Routes As Jet Fuel Prices Remain High

American Airlines has suspended six routes as jet fuel prices remain high due to the war in Iran.

International Business Times

Trump slams 'unpatriotic' vote as House orders end to Iran war

US President Donald Trump on Thursday hit back at lawmakers who voted to halt military action in Iran, describing the move as "unpatriotic". A handful of Republicans joined with Democrats in the House of Representatives to pass the largely symbolic resolution seeking to end the three-month-long conflict in a rebuke…

France 24

US jobless aid filings, a proxy for layoffs, hit highest level since Iran war began in February

The number of Americans filing for jobless aid hit their highest level in four months last week, but layoffs remain historically low despite ongoing economic uncertainty brought on by the war in Iran

AAP

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The Independent UK

Trump spins ‘meaningless, unpatriotic’ Iran war powers rebuke after House Republicans revolt against his authority

EXCLUSIVE: President doubles down on attack against Congress in phone call with The Independent

The Economic Times

Hezbollah rejects latest ceasefire agreement as Israeli strikes kill 4 in Lebanon

Hezbollah rejected a new ceasefire agreement with Israel, demanding a complete Israeli withdrawal and refusing to disarm under fire. The announcement followed deadly Israeli strikes and the death of a UN peacekeeper. The ongoing conflict threatens efforts to end the wider war and reopen the Strait of Hormuz.

The Guardian - UK

First Thing: Trump announces Israel-Lebanon ceasefire as House passes war powers resolution

The Lebanese government has agreed a ceasefire with Israel but Israeli drone strikes in the south of the country continue

AAP

US jobless aid filings, a proxy for layoffs, rise to 225,000 last week but remain historically low

The number of Americans filing for jobless aid rose last week but layoffs remain historically low despite ongoing economic uncertainty brought on by the war in Iran

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The Independent UK

Israeli strikes on Lebanon kill 4 after another ceasefire agreement was announced

Israeli strikes have killed at least four people in Lebanon, according to local authorities, and a U.N. peacekeeper was killed in the crossfire

The Times of India

Trump blasts ‘meaningless vote’ as House moves to curb Iran war powers

US President Donald Trump lashed out at Congress after the House approved a war powers resolution aimed at halting US military action against Iran, calling the vote “meaningless” and accusing both Democrats and a small group of Republicans of undermining his efforts to end the conflict.

International Business Times UK

Fed Warns Iran Conflict Is Driving 'Strong' Inflation Across America, And Your Grocery Bill Could Be Next

The Federal Reserve's Beige Book reveals rising US inflation due to energy costs linked to the Iran conflict, impacting everyday expenses and consumer behaviour across the nation.

The Guardian - UK

Marjane Satrapi, creator of Persepolis and acclaimed French-Iranian artist, dies aged 56

Family members said the author of the landmark comic book memoir ‘died of sadness’ after the death of her husband last year

AAP

Oil prices fall, Wall Street mixed after record-breaking S&P rally runs out of steam

Oil prices fell and U.S. markets were mixed a day after declines on Wall Street snapped a nine-day winning streak for the S&P 500

International Business Times

House Passes War Powers Resolution On Iran For The First Time

The House of Representatives voted for the first time in favor of a war powers resolution to halt military action against Iran without congressional approval.

The Independent UK

Marjane Satrapi, Iranian-French cartoonist and filmmaker behind Persepolis, ‘dies of sadness’ aged 56

She died just over a year after the passing of her husband

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